An unexpected profit warning from retailer Asos highlights, analysts suggest, one of the pitfalls of the economic recovery - and will likely shock an industry that has become accustomed to stories of success from the online fashion firm.

Eastern Europe was one of the world's biggest opportunities for apparel retailers in 2012. But despite the region's overall glowing prospects compared to its Western European counterpart, closer analysis by Euromonitor International highlights a marked intra-regional divergence.

The recent garment factory tragedies in Bangladesh are pushing the industry towards a tipping point - as consumers call for increased sustainability and information about where their clothes come from, according to speakers at the recent Source Sustainability Summit.

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Asos has blamed investment in a number of key infrastructure projects in the US and Europe for a slowdown in sales in its last quarter as the online fashion retailer lowered its guidance for the full year.

Asos is to share modern slavery risks in key sourcing regions at a meeting in London today (27 March) and seek a commitment from third-party brands to increase transparency and build capability to tackle modern slavery in the global supply chain.

UK-based online fashion retailer Asos has partnered with the British High Commission to host an event in Mauritius today (22 February) to discuss ways of tackling modern slavery in the global supply chain.

Ahead of the key holiday trading season, and as part of a continued bid to offer the best experience for its customers, UK-based online fashion retailer Asos has developed a chatbot virtual assistant that will help make suggestions for customers shopping for Christmas gifts via Facebook.

As part of its continued bid to offer the best experience for its customers, UK-based online fashion retailer Asos is embracing the 'try before you buy' movement with a new service that allows its UK app customers to try any of its 85,000 products at home and only pay for what they want to keep.

As part of its bid to offer the best experience for its customers, UK-based online fashion retailer Asos is to launch a same-day delivery option for shoppers in London tomorrow (11 October), with plans to roll out the service to other UK cities in the coming months.

Asos has launched a new tool that enables shoppers to search for clothes and accessories using photos, as part of a heavy investment by the UK online fashion retailer to improve site infrastructure, drive agility and speed up innovation.

The death of the department store, the exaggerated rise of Amazon as an apparel retailer power, and the threat of European fast-fashion specialists to US retail are among a number of misconceptions currently bedevilling the retail industry, a new report explains.

The Better Cotton Initiative (BCI) says demand for more sustainable cotton is on the rise, with Swedish retailer H&M and sportswear giants Adidas and Nike leading the field in its 'Better Cotton league'.

Many of the key themes that dominated the European retail scene in 2016 are expected to continue into this year, analysts believe, as retailers prepare for more currency headwinds, unseasonal weather, a continued shift to e-commerce and whatever hurdles Brexit will bring.